Capstone Investment Advisors, Llc Buys VanEck Vectors Gold Miners, Apple Inc, Berkshire Hathaway Inc, Sells SPDR S&P 500, Celgene Corp, Allergan PLC

• New Purchases: COST, MRK, TECD, TGE, SJNK, ARQL, INST, HD, AMTD, USB, UTX, CHTR, CZR, WMGI, TSG, FIT, HYS, T, AIG, CME, EXPE, IBKC, JCI, KEM, LIN, PSA, TGT, VTR, AYR, AVGO, IBTX, CBPX, BOLD, RARX, PFF, AMD, AXE, AMAT, AZO, CVS, CETV, DRI, DLTR, D, EXC, LHX, HIG, HSY, MDLZ, LPT, MET, SHW, UAL, ACHN, IPHS, LOGM, INXN, NOW, CARO, TWTR, HLT, CRCM, DPLO, CISN, GCVRZ, IWC, AAP, ALK, AMT, AIZ, AVB, BLL, BMY, CF, CDNS, COF, CAH, CHD, CBB, COO, DHI, DE, DUK, EMN, DISH, EIX, EQR, ESS, FLS, BEN, HFC, HBAN, IDXX, ITW, IFF, IRM, JBHT, SJM, KIM, LVS, LEG, LYV, MXIM, MKC, MCO, MSI, NRG, NI, PRGO, PNW, PFG, PHM, QGEN, O, REG, WRK, ROST, SEE, SO, LUV, SYK, SYY, UDR, UHS, WHR, WLH, CMG, WU, IPGP, OVV, TMUS, BX, FTI, XYL, IQV, LNTH, CFG, KEYS, EVBG, WAAS, FOXA, FOX, OIH, XLF, XOP,
• Added Positions: GDX, AAPL, BRK.B, BAC, WMT, C, MSFT, QQQ, PEP, KO, GOOGL, BA, PG, TIF, AMZN, CY, BBL, GOOG, INTC, JPM, ORCL, DIS, V, FB, XOM, JNJ, IBM, WFC, GM, AMGN, CL, DD, FISV, GS, LOW, MCD, SPGI, MDT, NSC, OXY, SPG, UNP, UPS, VZ, WMB, EBAY, PYPL, ACN, AFL, ADP, TFC, BDX, BSX, VIAC, CHRW, CSX, CVX, CTSH, CMCSA, STZ, GLW, ETFC, EW, EE, FFIV, NEE, FDX, GILD, WELL, ISRG, LMT, TAP, NOC, QCOM, TJX, TXN, TXT, WBA, YUM, MPC, ANET, ADSW, ACIA, DOW, CTVA, EWZ, MMM, CB, ABT, ATVI, ALB, ABC, IVZ, APA, BMRN, COG, CTL, FIS, XEC, CLX, TPR, DXC, DVN, EA, EQT, M, FLR, FL, F, GPS, GD, GNW, HRB, HOG, HON, IPG, JNPR, KEY, KSS, LB, LNC, MAC, MRO, MCK, MS, NKTR, NWL, NBL, JWN, PFE, BKNG, PGR, PRU, RTN, CRM, SRE, TRV, SBUX, TSCO, UAA, VLO, WDC, WY, S, ACOR, HBI, ULTA, LYB, NLSN, MOS, TRIP, FANG, COTY, PEGI, AAL, ZAYO, HPE, UA, BKR, ETRN, GLD,
• Reduced Positions: SPY, AGN, FXI, EEM, BIIB, PM, CI, GE, NVDA, NFLX, REGN, WBC, BABA, MO, ALGN, WCG, UNH, ALXN, STT, SLB, PXD, NTAP, MYL, MDCO, KR, KMB, IP, ABMD, ADS, HPQ, BLK, CNC, SCHW, CSCO, LLY, ADM, BK, FOLD, CCL, DFS, CXO, LLEX, PACB, CPRI, PSX, ABBV, ZTS, VKTX, KHC, SQ, FTV, BHF, ADI, NUE, ILMN, HST, MAR, MAT, MHK, HAL, FITB, NOV, EOG, XLNX, PCG, PPG, PVH, CMI, CCI, RF, CMA, ICE, XRX,
• Sold Out: CELG, AABA, GWR, CUK, MDSO, STI, ONCE, VSM, ANTM, CBM, VIAB, EXAS, BYND, MCRN, COP, WAIR, ETSY, PVTL, HUM, TYPE, Z, NCI, GCI, WYNN, RCL, CVRS, PFPT, LTXB, TMO, X, HCA, SHOP, ISCA, FCX, PSDO, CBLK, ADSK, TCOM, CAT, PDD, ADBE, XLU, EWW, VSI, AVDR, NIO, WK, CLVS, XLY, I, MYGN, AMRN, HES, AXP, BHC, CTXS, DHR, DVA, ETN, EMR, INCY, INO, ZION, NTES, OLBK, OKE, PNC, PBCT, RL, SIVB, SWKS, UIS, UNM, VRTX,

For the details of CAPSTONE INVESTMENT ADVISORS, LLC's stock buys and sells, go to https://www.gurufocus.com/guru/capstone+investment+advisors%2C+llc/current-portfolio/portfolio

1. Apple Inc (AAPL) - 2,805,200 shares, 4.59% of the total portfolio.
2. PowerShares QQQ Trust Ser 1 (QQQ) - 3,716,000 shares, 4.41% of the total portfolio.
3. Microsoft Corp (MSFT) - 3,624,800 shares, 3.19% of the total portfolio.
4. Amazon.com Inc (AMZN) - 185,400 shares, 1.91% of the total portfolio.
5. iShares MSCI EAFE (EFA) - 4,827,500 shares, 1.87% of the total portfolio.

Capstone Investment Advisors, Llc initiated holding in Costco Wholesale Corp. The purchase prices were between $285.11 and $305.21, with an estimated average price of $297.42. The stock is now traded at around $318.31. The impact to a portfolio due to this purchase was 0.11%. The holding were 66,964 shares as of .

Capstone Investment Advisors, Llc initiated holding in Tallgrass Energy LP. The purchase prices were between $17.71 and $22.14, with an estimated average price of $19.2. The stock is now traded at around $22.30. The impact to a portfolio due to this purchase was 0.06%. The holding were 506,954 shares as of .

Capstone Investment Advisors, Llc initiated holding in Tech Data Corp. The purchase prices were between $102.26 and $144.89, with an estimated average price of $129.24. The stock is now traded at around $144.05. The impact to a portfolio due to this purchase was 0.06%. The holding were 80,966 shares as of .

Capstone Investment Advisors, Llc initiated holding in SPDR Bloomberg Barclays Short Term High Yield Bond. The purchase prices were between $26.55 and $26.99, with an estimated average price of $26.79. The stock is now traded at around $27.05. The impact to a portfolio due to this purchase was 0.06%. The holding were 408,207 shares as of .

Capstone Investment Advisors, Llc initiated holding in Merck & Co Inc. The purchase prices were between $81.3 and $91.74, with an estimated average price of $86.22. The stock is now traded at around $82.65. The impact to a portfolio due to this purchase was 0.06%. The holding were 121,897 shares as of .

Capstone Investment Advisors, Llc initiated holding in Instructure Inc. The purchase prices were between $38.52 and $53.69, with an estimated average price of $47.15. The stock is now traded at around $47.66. The impact to a portfolio due to this purchase was 0.05%. The holding were 170,731 shares as of .

Capstone Investment Advisors, Llc added to a holding in VanEck Vectors Gold Miners by 11219.68%. The purchase prices were between $26.01 and $29.49, with an estimated average price of $27.17. The stock is now traded at around $28.31. The impact to a portfolio due to this purchase was 0.42%. The holding were 2,575,000 shares as of .

Capstone Investment Advisors, Llc added to a holding in Apple Inc by 28102.36%. The purchase prices were between $218.96 and $293.65, with an estimated average price of $258.41. The stock is now traded at around $324.95. The impact to a portfolio due to this purchase was 0.35%. The holding were 214,902 shares as of .

Capstone Investment Advisors, Llc added to a holding in Berkshire Hathaway Inc by 988.53%. The purchase prices were between $203.1 and $227.05, with an estimated average price of $217.51. The stock is now traded at around $226.80. The impact to a portfolio due to this purchase was 0.19%. The holding were 167,340 shares as of .

Capstone Investment Advisors, Llc added to a holding in Bank of America Corp by 1110.81%. The purchase prices were between $27.63 and $35.52, with an estimated average price of $32.44. The stock is now traded at around $34.85. The impact to a portfolio due to this purchase was 0.16%. The holding were 851,693 shares as of .

Capstone Investment Advisors, Llc added to a holding in Walmart Inc by 50451.16%. The purchase prices were between $116.12 and $121.28, with an estimated average price of $119.15. The stock is now traded at around $117.89. The impact to a portfolio due to this purchase was 0.13%. The holding were 195,633 shares as of .

Capstone Investment Advisors, Llc added to a holding in Microsoft Corp by 113.20%. The purchase prices were between $134.65 and $158.96, with an estimated average price of $147.3. The stock is now traded at around $185.35. The impact to a portfolio due to this purchase was 0.12%. The holding were 253,013 shares as of .

Capstone Investment Advisors, Llc sold out a holding in Celgene Corp. The sale prices were between $97.62 and $110.41, with an estimated average price of $105.2.

Capstone Investment Advisors, Llc sold out a holding in Altaba Inc. The sale prices were between $19.63 and $19.63, with an estimated average price of $19.63.

Capstone Investment Advisors, Llc sold out a holding in Genesee & Wyoming Inc. The sale prices were between $110.16 and $111.94, with an estimated average price of $111.13.

Capstone Investment Advisors, Llc sold out a holding in Carnival PLC. The sale prices were between $38.23 and $48.4, with an estimated average price of $42.3.

Capstone Investment Advisors, Llc sold out a holding in Medidata Solutions Inc. The sale prices were between $91.48 and $92.24, with an estimated average price of $91.87.

Capstone Investment Advisors, Llc sold out a holding in SunTrust Banks Inc. The sale prices were between $65.35 and $71.45, with an estimated average price of $69.19.